In addition: Warren Buffett delivers the keys
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GM. Consider this your daily dose of market fiber: fresh, full of facts and low in nonsense.
👎 The governor of Arizona, Katie Hobbs, is not a degen: confirmed.
🍋 News Drops: Warren Buffett renouncing, Donald Trump dodging questions about Trump + More
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🍍 Market taste today
Investor Greed has relaxed a bit: after riding all weekend, the fear and greed index has become neutral today.
Why mood? Well, merchants are preparing for what could be a week full of potholes.
The great approach is Wednesday FomC meetingwhere we will discover if the Fed plans to reduce interest rates.
That decision could have a great impact on prices, which explains why Crypto and Securities markets tend to fall before FOMC meetings. Merchants do not want to risk keeping too much in case the Fed announce something unexpected.
This time it doesn’t seem different. And Michaël Van Analyst indicated that if the fall prior to the FOMC occurs, Bitcoin could slide into the range of $ 91.5k – $ 92.5k.
And Fed reduction rates? Very unlikely.
Although Donald Trump Pressing status Fed President Jerome Powell, to do so, economic data simply does not support it.
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Quarterly inflation increased to 3.6%, well above the 2% target of the Fed: large red flag;
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The labor market is still being strengthened: employment growth exceeded expectations, and the unemployment rate remained stable with 4.2%very low.
Solid hiring and low unemployment tell the Fed that the economy can handle higher rates for a while, especially because inflation is still too high.
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Ah, and also: Coinbase Drop your profit report on Thursday.
Since Coinbase is the greatest exchange of public negotiation crypto, their profits give information on the amount of commercial and institutional actions that are occurring in cryptography.
The week of profits generally brings additional volatility, since merchants try to guess whether the report will show a booming market or signs of a deceleration.
So yes, Prep to oneself – It will be an interesting week.
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🧃 Savings sip
Do you have plans for this month? You do it now.
Consensus 2025 is taking over Toronto from May 14 to 16And almost everyone’s cryptographic world will be there.
If you are thinking of going We have you: Use the bitdeGEGE Code for a 20% discount on your tickets.
Atrále them now! 🎟️
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🥝 Memecoin harvest
Commercial memecoins: 10% skill, 90% than Dawg in you.
Data at 06:30 am est.
Check out these memecoras and much more here.
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You know that feeling when you think about a joke, but then you think about it too much and stay silent … just for someone else to say it and all Laughter? (Someone even spills a tear).
🥲
Or when you have an idea at a working meeting, but say nothing so you don’t look silly, then a co -worker says it and the boss acts as if they had discovered the fire?
🥲
Those moments “so close, but not.” Of the type you remember randomly at the shower at some point and then stop there as:
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The governor of Arizona could be having one of those at this time.
The State was So close 🤏 To become the first in the United States to hold Bitcoin In your reservations.
He Bitcoins Strategic Reserve Law of Arizona It would have allowed the state treasurer and the state retirement systems to invest up to 10% of the public funds that administer in BTC.
But Governor Katie Hobbs He vetoed him. His shot:
“The Retirement System of the State of Arizona is one of the strongest in the nation because it makes solid and informed investments. Investments not proven Like the virtual curve. “
Uhh … sure. Imma Dej has this, Julian Fahrer:
Boom. Roast.
BUT! Arizona’s Bitcoin’s dreams are not completely still dead, there is still the Senate Bill 1373. It proposes to create a strategic reserve fund of digital assets with Crypto.
Basically, there are no new cryptographic purchases, just holding and managing what they already have. Still, it is something.
But that bill has not yet reached a final vote.
So, although Arizona will probably be the first to build a BTC reserve, is still in the race – Together with 19 other states.
For a different perspective, although ‘, Bitmex co -founder, Arthur Hayes, thinks A BTC reserve is not that Good idea.
(He was talking about the United States made a national reserve, but his argument also conforms to the states).
Your main point: No politician who wants to stay in office will say: “Print the taxpayer’s money to buy Bitcoin.” Especially When the public stereotype of Bitcoiners is types that blow effective in nightclubs. Not exactly vote winning optics.
Instead, Hayes thinks if governments do Bitcoin wants, they will take the “Chinese strategy”: use excess electricity to extract it, without buying bitcoin in the open market.
In other words, he does not believe that politicians are going to buy Bitcoin directly as Crypto fans expect.
But we’ll see.
Now you are aware. But think of your friends, they probably have no idea. I wonder who could fix that … 😃🫵 Run your voice and be the hero that you know you are! |
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🍋
👋 The Warren Buffett investment legend renounces as CEO of Berkshire Hathaway. Taking its place is Greg Abel, vice president of company without insurance.
🫢 Trump dodged the question when asked if he earned money with Trump’s memory. He said: “I have not even looked at. I will tell you what, if I have actions in something, I do a good job and the stock market increases, I guess I’m benefiting.”
🎬 Ben McKenzie, the actor of OCHe is making his first film as director, and it is about exposing Crypto. Everyone is lying to you for money It leaves in June and shows FTX SBF clips and Alex Mashinsky by Celsius.
🚔 The French police carried out a raid to rescue a man kidnapped in Paris. The kidnappers were trying to force their crypto-millionaire son to pay the rescue.
🚀 Tether is cooking something new: Tether AI, a tool that allows people to build and execute AI agents using blockchain technology. It will be open source and support payments with USDT and Bitcoin.
🎉 Changelly is organizing a 10 -year anniversary party with a $ 100K+! Open the Changelly application, register or log in, get a free turn (plus another if you make a transaction) and see what you won.*
*Sponsored
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